Kenneth J. Lovik - 20 Mar 2023 Form 4 Insider Report for First Internet Bancorp (INBK)

Signature
/s/ Kenneth J. Lovik (power of attorney previously filed)
Issuer symbol
INBK
Transactions as of
20 Mar 2023
Net transactions value
-$26,254
Form type
4
Filing time
22 Mar 2023, 17:21:48 UTC
Previous filing
09 Jan 2023
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INBK Common Stock Award $0 +4,811 +12% $0.000000 43,572 20 Mar 2023 Direct F1, F2
transaction INBK Common Stock Tax liability $26,254 -1,376 -3.2% $19.08 42,196 20 Mar 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares received for no consideration upon the satisfaction of performance criteria underlying an existing award of performance-based restricted stock units granted in 2020.
F2 Includes 122 shares acquired between January 19, 2023 and March 2, 2023 pursuant to the First Internet Bancorp Employee Stock Purchase Plan.
F3 Shares forfeited to satisfy tax withholding obligations in connection with settlement of restricted stock units.